Sweden-based plastic fabrication company Nexam Chemical announced that an undisclosed customer for its Reactive Recycling technology has now started full commercial production.<\/p>\n
This step reflects the increasing adoption of Nexam Chemical\u2019s Reactive Recycling technology in the packaging industry and is expected to be a precursor to other customers initiating similar production processes.<\/p>\n
Reactive Recycling enables the recycling of plastic to be more energy-efficient and cost-effective, without compromising the quality of the recycled material produced.<\/p>\n
The customer manufactures packaging through mechanical recycling and utilises Nexam Chemical\u2019s Reactive Recycling additives to improve the quality of the recycled plastic.<\/p>\n
These additives enable the use of a higher proportion of recycled material in the production process, even when the quality of the feedstock is variable.<\/p>\n
Nexam Chemical business manager Henrik Bernquist said: \u201cThis is a clear confirmation that our Reactive Recycling technology works in real-world, large-scale applications. Based on these recent developments, we forecast sales in this segment to be higher in Q2 [the second quarter] than in previous quarters.<\/p>\n
\u201cWhile there is still a relatively modest share of our total business, we are expecting to see quite substantial growth rates, both year-on-year and quarter-on-quarter, going forward. Our strategy to focus on recycling is really starting to pay off.\u201d\u00a0<\/p>\n
In addition to this milestone, Nexam Chemical is involved in several other customer projects that are currently undergoing evaluation and approval stages, with the expectation of transitioning into serial production.<\/p>\n
The company is also developing new generations of additives to address further challenges within the recycling value chain.<\/p>\n
Nexam Chemical CEO Ronnie T\u00f6rnqvist said: \u201cAs we head into summer, we do so with a strong sense of momentum. It\u2019s rewarding to see the results of our long-term efforts starting to materialise \u2013 especially in an area like recycling, that is both commercially attractive and crucial from a sustainability perspective. <\/p>\n
\u201cI\u2019d like to take this opportunity to wish all our customers, partners and colleagues a wonderful summer.\u201d<\/p>\n
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